Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%
Keel completed the shutdown of its US Bitcoin mining operations as it pivots toward AI and highperformance computing infrastructure Source:Cointelegraph
Intel now says it is selling $20 billion of stock
Intel on Tuesday said it would increase the size of its offering of new shares by an additional $5 billion to $20 billion. Source:MarketWatch
Bears are in pain as the S&P 500 hits record highs. That may mean more upside for stocks.
Positioning shows the shorts are yet to capitulate, suggests Citi Source:MarketWatch
Anthropic strikes $9B compute deal with Bitcoin miner Riot: Report
Anthropic reportedly struck a $9 billion deal with Riot for 191 megawatts of capacity from the Bitcoin miner’s Rockdale campus in Texas. Source:Cointelegraph
A $2 trillion asset class is getting a new blockchain rail
ADI Chain and Shipfinex are partnering to tokenize commercial ships, aiming to open the $680B shipfinance market to wider capital pool. Source:CoinDesk
Luke Dashjr removed as Bitcoin Improvement Proposal editor
Luke Dashjr lost his BIP editor privileges after developers raised concerns over his role in BIP 110 and its stalled minority fork. Source:Cointelegraph
U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings
The Securities and Exchange Commission will vote this week to start its first major crypto rulemaking process. Source:CoinDesk
Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure
Nvidia late Monday announced a partnership with seven Wall Street financial institutions designed to raise more than $500 billion of thirdparty capital to fund…
Thailand’s 0% crypto tax. Bitcoin Red Team forced to use Chinese AI: Asia Express
The Bitcoin Red Team has been forced to rely on open source Chinese AI, after OpenAI restricts access. Thailand sets crypto tax to 0% in bid to become crypto…
Here’s who stands to gain the most from a Jeff Bezos-Liverpool FC deal
LeBron James’s Liverpool stake would soar if Bezos completes deal to become part owner of English soccer club Source:MarketWatch
Judge stays CFTC’s case against US solider over prediction market bets
A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on…
Workers are worried, but there’s no sign AI is muscling people out of their jobs on a massive scale
Mark Zuckerberg says we’re lucky to live in an “incredible moment,” but many workers are having a hard time stomaching the uncertainty. Source:MarketWatch